SLO County airport chief to depart for SFO
Kevin Bumen, San Luis Obispo County’s director of airports, is stepping down at the beginning of October. Bumen, who has managed San Luis Obispo County’s two airports since 2013, is taking a new position as the first chief commercial officer for San Francisco International Airport. His last day in San Luis Obispo is Oct. 9, Read More →
Read More →AeroVironment’s revenue up, profit down
AeroVironment, the Simi Valley-based drone maker, said revenue in its first quarter grew slightly to $87.4 million as the company’s profit fell to 42 cents per share from 71 cents a year earlier. “We are on track to achieve our fiscal year 2021 plans and deliver another year of profitable top line growth, despite the Read More →
Read More →Limoneira reports profit, record sales
Santa Paula-based citrus producer Limoneira reported a solid third quarter on Sept. 9, with revenue up 5.3 percent and a profit of 12 cents per share that reversed a year-ago loss. The company said it sold a record 2 million cartons of lemons for the quarter and avocado volume increased. The company’s real estate operations Read More →
Read More →Calavo reports net loss, revenue decline
Calavo Growers reported a 24.7 percent decline in revenue and a net loss of $15.6 million, or 89 cents per share, for its fiscal third quarter, as it adapted to lower avocado prices and took a loss on its investment in FreshRealm, its meal-kit delivery venture. Calavo, based in Santa Paula, said total revenue for Read More →
Read More →AppFolio to sell legal unit for $193M
In a move that reflects a shifting landscape for the software business, Goleta-based AppFolio said Sept. 8 that it is selling its MyCase legal practices suite of services for $193 million to a group of private equity funds. The all-cash deal concentrates AppFolio’s services in the real estate management field, where it has carved out Read More →
Read More →Putting trust in the community: donations drive Housing Trust Fund
Affordable housing doesn’t build itself, and it doesn’t fund itself, either. To help developers create more affordable housing, Housing Trust Fund Ventura County has raised $5 million, and it’s hoping to raise a lot more. “Our mission is to fill this huge gap of a lack of affordable housing,” said Housing Trust Fund CEO Linda Read More →
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Ventura, Channelkeeper reach deal in river water suit
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